Stella portfolio

In one of the largest commercial property deals of the year in Germany, Swiss Life Asset Management and its German subsidiary Corpus Sireo paid €370m to buy the "Stella" portfolio from Frankfurt-based Deka Investements. The deal is likely to close...more

Deka Immobilien, the property fund subsidiary of the German Sparkassen (savings banks), is reported in Frankfurt to be readying its 'Stella' property portfolio for sale. The portfolio could be expected to fetch around €800m with the sale thought...more